STATE OF NEW JERSEY Board of Public Utilities Two Gateway Center Newark, NJ

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1 Agenda Date: 10/24/07 Agenda Item: VIIB STATE OF NEW JERSEY Two Gateway Center Newark, NJ CUSTOMER AS:SISTANC:g LAUNDRY WORLD, PETITIONER v. PUBLIC SERVICE ELECTRIC AND GAS COMPANY AND NATGASCO, INC. RESPONDENTS ORDER ADOPTING INITIAL DE(:;ISION SETTLEMENT BPU DOCKET NO. GCO U OAL DOCKET NO. PUC 72L~6-06 (SERVICE LIST ATTACHED) BY THE BOARD: On January 31, 2007, Laundry World LLC (Petitioner) filed a petition with the Board dis~)uting the bills of Public Service Electric and Gas Company (PSE&G) and NATGASCO, Inc. (NATGASCO) (collectively, Respondents) for natural gas services. After the filing of Respondents' answers, the Board transmitted this matter to the Office IDf Administrative Law (OAL) for hearing and initial disposition as a contested case pursuant to N.J.S.A. 52:14-B-1! ~ and N.J.S.A... 52:14F-1! ~ The matter was assi!~ned to Administrative Law Judge (ALJ) Thomas E. Clancy. While this matter was pending at the GAL, the parties engaged in negotiations and reached a settlement that was submitted to the ALJ. By Initial Decision submitted to the E30ard on September 12, 2007, to which the settlement was attached and made part thereof, ALJ Clancy found that the agreement was voluntary, that its terms fully disposed of all issues in controversy and that it met the requirements of ~~ 1 : Pursuant to the terms of the agreement, Respondent PSE&G agreed to issue <3 credit of $10, to the balance of Petitioner's account within 20 days of the full ee(~ution of the stipulation by all parties. In turn, within 30 days of1f1erutreecljtion of the stipulation b~' all parties, Petitioner agreed to pay the sum of $19, to Respondent NATGASCO. In addition,

2 DATED: upon the satisfaction of these payments, the parties have further agreed to release and discharge each other from all actions and claims, known or unknown, up to the date of the stipulation. After review and consideration, the Board FINDS that the terms of the settlement are fair and reasonable. Therefore, the Board HEREBY ADOPTS the Initial Decision and the Settlement Agreement in their entirety, incorporating the terms thereof into this final decision as if fully set forth at length herein. BOARD OF PUBLIC UTILITIES BY: (h-~,,-- -'7tJ..F~ JEflNNE Mo" ;~~ " PRESIDENT d FREDERICK F. BUTLER.() ~ ~OSEPH L. FIORDALISO CHRISTINE (~..t...>...j ).l4 V. BATOR :~~i~ ATTEST: / - (j/~ t;l ~;\9 KRISTI IZZO'"" tf SECRETARY 2 BPU Docket No. GG070'10065U OAL Docket No. PUG

3 laundry World LLC v. BPU Docket No. GCO U OAL Docket No. PUC SERVICE LIST Joseph Charles Asta Laundry World LLC 110 Chestnut Ridge Road #400 Montvale, New Jersey Sheree L. Kelly, Esq. PSEG Services Corporation 80 Park Plaza, T5G Newark, New Jersey Peter Camelotto, Director, Natural Gas Operations NA TGASCO, Inc. 532 Freeman Street Orange, New Jersey Eric Hartsfield, Director Julie Ford-Williams Division of Customer Assistance Two Gateway Center Newark, New Jersey Arlene Pasko, DAG Division of Law 124 Halsey Street P.O. Bo Newark, New Jersey BPU Docket No. GCO U GAL Docket No. PUG 37~16-07

4 FROM PSEG LAW ~.. 3 State of New Jersey laundry World LLC Petitioner, Public Service Electric and Gas ICompany and : NA TGASCO, Inco, Respondents.. v. BPU Docket No. f:co u STIPULATION OF SETTLEMENT In consideration of the mutual promises and covenants contained herein, and other good and valuable consideration, the receipt of which is hereby acknowledged:. by Petitioner, for itself and its legal representatives, beneficiaries, assigns and successors-in-interest, hereby releases and forever discharges PSE&(j and NATGASCO, Inc., of and from any and all actions or causes of action, suits, debts. claims, complaints, contracts, controversies, agreements, promises, damages) claims for attorney's fees, punitive damages and reinstatement. judgments, ajo.demands whatsoever, in law or in equity, it has, may havc or CVCT had. whether known or unknown, suspected or unsuspected, anticipated or unanticipated, up 'to the datj~ of this Stipulation, upon receipt ofpa)1nent form PSE&G. 4. In consideration of the mutual promises and covenants contained herc:in, and other good and valuable consideration. tlle receipt of which is hereby acknowledged, by N A TGASCO, Inc., for itself and its legal representativcs, beneficiaries, assigns and successors-in-interest, hereby releases and forever discharges PSE&G ~ of and from any and all actions or causes of actio~sui1s;debts. claims; complaints,

5 ~ FROM?SEG LAW (WED) 9. 5' 07 15:27/ST. 5: 26/'NO P 4 s. contracts, controversies, agreements, promises, damages, claims for attomeyls fees, pwutive damages and reinstatement, judgments, and demands whatsoever. ii!~ law or in equity, it has, may have or ever had. whether known or unknown" suspected or unsuspected, anticipated or unanticipated., up to the date of this Stipulation, upon receipt of payment by Petitioner. /.::. /,. 4NO PSt:-~.Goo successors-in-interest, hereby releases and forever discharges Laundry Worldl. LLC.. and, of and from any and all action$ or causes of action, :)uils, debts, claims, complaints. contracts, controversies, agreements, promises, damages, claims for attorney's fees, punitive damages and reinstatement, judgments, and demands, whatsoever, in law or in equity, it has, mayhavc or ever had, whether known or unknownt suspected Or uns~"pected, anticipated or unanticipated, up to the dc~te of this Stipulation, upon receipt of payment by Petitioner. Petitioner Laundry World LLC By: L LCle~ ~ Gd;:::?J.cJ;~Jh-<;~~1~~ ---;.:- Operations President Date; --7/,;J.. / 0'7 - Date: Respondent PSE&G // BY:~~ 44d- Edward B. Sullivan Manager CustoDIer d,~?'al- -? --';0 ~rt'1 j=o :A)IE 0< am 30

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